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TA Corporation’s Cambodian Subsidiary Faces Legal Developments

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TA Corporation’s Cambodian Subsidiary Faces Legal Developments

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TA Corporation Ltd. ( (SG:PA3) ) just unveiled an update.

TA Corporation Ltd., through its subsidiary TACC (C.R) Ltd. in Cambodia, is involved in ongoing legal proceedings. The Phnom Penh Court of First Instance has lifted an injunction order against TACC, contingent upon a security deposit, and denied the transfer of proceedings to arbitration in Singapore. The company is consulting legal advisors for further action, and stakeholders are advised to exercise caution with the company’s securities.

More about TA Corporation Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: S$37.82M

For an in-depth examination of PA3 stock, go to TipRanks’ Overview page.

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